CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2024

Cash and Cash Equivalents [Abstract]

Schedule of Securities Classified as Cash, Cash Equivalents and Investments

Securities classified as cash, cash equivalents and short-term investments as of September 30, 2024 and December 31, 2023 are summarized below (in thousands):


	September 30, 2024
			Gross Unrealized
	Amortized Cost		Gains		Losses		Fair Value
Cash and cash equivalents:
Cash	$	7,560	$	—	$	—	$	7,560
Money market funds	39,869		—		—		39,869


Total cash and cash equivalents	47,429		—		—		47,429
Short-term investments:
U.S. government-sponsored agency bonds	$	53,052	$	52	$	(6)	$	53,098
U.S. treasury securities	36,697		47		(1)		36,743
Commercial paper	30,738		54		—		30,792
Corporate bonds	17,371		37		—		17,408
Asset-backed securities	2,975		3		—		2,978
Yankee bonds	1,955		—		(1)		1,954
Total short-term investments	142,788		193		(8)		142,973
Total cash, cash equivalents and investments	$	190,217	$	193	$	(8)	$	190,402


	December 31, 2023
			Gross Unrealized
	Amortized Cost		Gains		Losses		Fair Value
Cash and cash equivalents:
Cash	$	2,829	$	—	$	—	$	2,829
Money market funds	18,641		—		—		18,641


Total cash and cash equivalents	21,470		—		—		21,470
Short-term investments:
U.S. government-sponsored agency bonds	$	101,892	$	235	$	(34)	$	102,093
Commercial paper	49,630		41		(17)		49,654

Asset-backed securities	8,628		2		(5)		8,625
U.S. treasury securities	2,455		2		—		2,457
Total short-term investments	162,605		280		(56)		162,829


Total cash, cash equivalents and investments	$	184,075	$	280	$	(56)	$	184,299